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House Prices in NE3 House Prices in NE3 (Newcastle Upon Tyne)

The average house price in NE3 (Newcastle Upon Tyne) is £354,404 using HM Land Registry data.

The average property price increased by £50,565 (14.22%) over the last 5 years and increased by £10,109 (2.55%) over the last 12 months.

Over the last year, there were 595 residential property sales – a decrease of 191 transactions (-32.10%) relative to the previous year. The majority of house sales (152) were in the £120,000 - £208,000 range. Then came properties in the £208,000 - £296,000 range, where 115 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,352 (-3%).

In Jun 2026, there were 118 new estate agency instructions, 90 agreed home sales and 38 property price reductions.

Nearby Postcodes: CA6, CA8, CA9, DH3, DH4, DH8, DH9, DL13, NE1, NE10, NE11, NE12, NE13, NE15, NE16, NE17, NE18, NE19, NE2, NE20, NE21, NE22, NE23, NE24, NE25, NE26, NE27, NE28, NE29, NE30, NE31, NE32, NE33, NE34, NE35, NE36, NE37, NE38, NE39, NE4, NE40, NE41, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49, NE5, NE6, NE61, NE62, NE63, NE66, NE67, NE68, NE69, NE7, NE70, NE71, NE8, NE9, NE99, SR4, SR5, SR6, TD12, TD15, TD5, TD8, TD9

5-Year Average Property Prices in NE3 (Newcastle Upon Tyne)

14.22%

Property prices in NE3 (Newcastle Upon Tyne) increased by 14.22% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE3 (Newcastle Upon Tyne) Over the Last Year

2.55%

Property prices in NE3 (Newcastle Upon Tyne) increased by 2.55% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE3 (Newcastle Upon Tyne) - Jun 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE3 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE3 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE3 (Newcastle Upon Tyne)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE3 (Newcastle Upon Tyne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE3 postcode area since 1995.

Recent Sales in NE3 (Newcastle Upon Tyne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Saxondale Road, Newcastle Upon Tyne, NE3 3RE£150,000£145,000-£5,00001 May 202527 Apr 2026361 Days
56 The Fairway, Newcastle Upon Tyne, NE3 5AQ£550,000£550,000£020 Feb 202613 Apr 202652 Days
7 Bywell Avenue, Gosforth, Newcastle Upon Tyne, NE3 2BP£230,000£215,000-£15,00028 Jan 202610 Apr 202672 Days
4 Dene Crescent, Gosforth, Newcastle Upon Tyne, NE3 1QS£385,000£385,000£015 Oct 202509 Apr 2026176 Days
8 The Wynd, Kenton, Newcastle Upon Tyne, NE3 4LA£325,000£325,000£025 Nov 202509 Apr 2026135 Days
22 Ingram Avenue, Gosforth, Newcastle Upon Tyne, NE3 2BR£300,000£295,500-£4,50030 Jul 202502 Apr 2026246 Days
71 Woodbine Road, Gosforth, Newcastle Upon Tyne, NE3 1DE£580,000£580,000£026 Dec 202531 Mar 202695 Days
3 Sinderby Close, Newcastle Upon Tyne, NE3 5JB£425,000£425,000£011 Sep 202531 Mar 2026201 Days
33 Byrewood Walk, Newcastle Upon Tyne, NE3 3EZ£170,000£170,000£017 Jul 202527 Mar 2026253 Days
41 Homeforth House, High Street, Gosforth, Newcastle Upon Tyne, NE3 1LL£60,000£55,000-£5,00022 Aug 202527 Mar 2026217 Days
21 Cowdray Court, Newcastle Upon Tyne, NE3 2TZ£215,000£210,000-£5,00010 Nov 202526 Mar 2026136 Days
17 Broadway West, Gosforth, Newcastle Upon Tyne, NE3 2JD£265,000£265,000£011 Sep 202524 Mar 2026194 Days
45 Huntingdon Close, Kingston Park, Newcastle Upon Tyne, NE3 2XZ£210,000£210,000£003 Oct 202523 Mar 2026171 Days
45 Montagu Court, Montagu Avenue, Newcastle Upon Tyne, NE3 4JL£230,000£209,000-£21,00023 Jun 202523 Mar 2026273 Days
17 Ravensworth Court, Kingston Park, Newcastle Upon Tyne, NE3 2YG£325,000£325,000£011 Nov 202523 Mar 2026132 Days
62 Featherstone Grove, Gosforth, Newcastle Upon Tyne, NE3 5RJ£460,000£451,650-£8,35015 Sep 202520 Mar 2026186 Days
21 The Fairway, Newcastle Upon Tyne, NE3 5AP£280,000£280,000£004 Dec 202516 Mar 2026102 Days
13 Welford Avenue, Gosforth, Newcastle Upon Tyne, NE3 3UX£370,000£370,000£030 Oct 202516 Mar 2026137 Days
6 Fetcham Court, Newcastle Upon Tyne, NE3 2UL£255,000£250,000-£5,00028 Jan 202613 Mar 202644 Days
7 Heathfield Place, Melton Park, Newcastle Upon Tyne, NE3 5QT£400,000£385,000-£15,00014 Apr 202512 Mar 2026332 Days

Most Expensive Streets in NE3 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE3 4BHGraham Park Road, GosforthNewcastle Upon Tyne£1,676,0006
NE3 4BAElmfield Road, GosforthNewcastle Upon Tyne£1,603,6663
NE3 4YEWestfield, GosforthNewcastle Upon Tyne£1,318,5624
NE3 4EAFurzefield Road, GosforthNewcastle Upon Tyne£1,313,8124
NE3 4HDLinden Avenue, GosforthNewcastle Upon Tyne£1,216,6663
NE3 4DGWest Mews, GosforthNewcastle Upon Tyne£1,046,2504
NE3 4BDElmfield Road, GosforthNewcastle Upon Tyne£1,029,2504
NE3 1XPRectory Road, GosforthNewcastle Upon Tyne£988,6673
NE3 1NEThe Grove, GosforthNewcastle Upon Tyne£918,5004
NE3 4UUElgy Road, GosforthNewcastle Upon Tyne£867,0003

Least Expensive Streets in NE3 (Newcastle Upon Tyne)

PostcodeStreetAreaAverageNo. of Sales
NE3 2BUBroomley Court, GosforthNewcastle Upon Tyne£47,1663
NE3 2JYWitton Court, FawdonNewcastle Upon Tyne£48,8754
NE3 3RTBellingham CourtNewcastle Upon Tyne£51,9993
NE3 1LLHomeforth House, High Street, GosforthNewcastle Upon Tyne£54,19628
NE3 3AUKirkwood DriveNewcastle Upon Tyne£59,52922
NE3 2BZHaydon Close, GosforthNewcastle Upon Tyne£59,56811
NE3 1HHHigh Street, GosforthNewcastle Upon Tyne£60,15313
NE3 3LJBradwell RoadNewcastle Upon Tyne£61,22711
NE3 2JXHorsley Court, FawdonNewcastle Upon Tyne£62,9405
NE3 1SLBowes Court, South GosforthNewcastle Upon Tyne£66,1105

Explore NE3 (Newcastle Upon Tyne) using map

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